Get started
Awinish

Bitcoin H&S

Bitcoin Perpetual Futures (FTX:BTCPERP)  
Awinish  
FTX:BTCPERP   Bitcoin Perpetual Futures
Head and Shoulders Support and Resistance
1
0
headandshoulders supportandresistance
What we're seeing here is a Bitcoin head and shoulders. That means some more downside on BTC. It was clearly that after we broke the neckline at around 60K we went down hard.

I think that we can go down some more.

But to be honest, I'm preparing to get back in again when the RSI will hit the lower band. At around 55-53K.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.